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20131202
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CNBC 10
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English 48
Search Results 0 to 47 of about 48 (some duplicates have been removed)
CSPAN
Dec 1, 2013 10:25pm EST
is you do have companies have moved jobs overseas because of corporate tax rate, workers here, rules, regulations, or other types of policies. to try to get the countries to -- and they are, reshore the jobs back to america. in order to retain our jobs, we have to have the right skill our, the right education in nation to be able to provide those employers with the skills we need. now, we have a mismatch. back 55 years ago. of the jobs in america needed a high school degree to reach the middle class. your word, byron, middle class. to reach the middle class to make a good wage in america. ecause of technology, innovation, how we travel across the world and how we compete in global economy, now that number has dropped down it's not 79% anymore. it's around 35% of our jobs in high school a diploma, which means we have a big skill scant. it's in the manufacturing jobs, john. you can't show up with a high get l degree and expect to a job in a manufacturing plant. you have to have some type of to do, to read, to write, basic math, to operate to machinery, the equipment, the things that yo
Bloomberg
Dec 5, 2013 4:00am EST
figure. we are way out of line with countries like france and germany where taxes are much lower. at this stage of the economic recovery, small and medium-sized businesses need cash. they could bust because of lack of cash. it really needs reforming. >> let's talk about small and medium enterprises. what does this institution find here -- need to do to give suffrage to the small and medium enterprises? it needs to be frozen and then reviewed. these smes also need to have access to finance. fillre trying to for orders from overseas, often turning the down because they can't get the working capital. what they need is a business bank. capital ratherve than having to rely purely on equity. other countries have a business bank. the united states, canada, france, italy, germany has a fantastic business bank. very very important. >> we talk about the small and enterprises, the ability to pay taxes is critical. what additional support would hear?ke to do you really think he is going to give you anything in this statement? >> i would hope he would, but the export support area is a critica
Bloomberg
Dec 9, 2013 2:00am EST
japanese companies can stay competitive under his policies. regarding the corporate tax starting next fiscal year, we decided to reduce by 2.4% and we will be moving forward with reviews and studies on how corporate tax should be in order for japanese companies to stay competitive. thee will have a more from exclusive interview throughout the program. >> ukraine. protesters have flooded the streets of the capital among speculation that the president is going to sign up to a russian trade bloc. david tweed is there. angela merkel must be keeping a close eye on that. >> i want to give you an idea on how much of the german media and political establishment -- i want to show the right side the newspaper. this is the picture on the front and is also on the front of several other national newspapers that the statue of lenin was toppled late last night. and then decapitated. this is a big issue for angela merkel. last week, the german foreign with the president will stop some of the opposition of the coalition is quite well known. he's a former world champion boxer. the interesting thing is
CNBC
Dec 5, 2013 4:00am EST
another massive package including more than $50 billion in spending to help offset sales tax hike. >>> mario draghi should be holding fire, despite the recent drop in inflation. investors eyeing the ecb's economic staff projections. >>> and i told you so. british chancellor george osborne may have reason to gloat. >>> and china's financial institutions are warning against trading bitcoins as the bank admits while there are risks, it could still use the currency. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. hello. a warm welcome to the program. the government has just unveiled an $18.6 trillion yen stimulus package which includes 5.5 trillion yen in fresh spending measures. this is to offset the accuracy in the sales tax which is coming in in april which raises the rate effectively from 8% to 5%. it follows the unveiling of a 10.3 trillion package back in january. a number of measures will be expected as far as this package is concerned. particularly for those on the lower income as well. we will get those measures as soon as
CBS
Dec 3, 2013 7:00am PST
involving an internet sales tax. amazon an overstock.com were appealing the online levy imposed in new york state. but it's a battle imposed with results. what does this mean for online shoppers? >> all i can think about with this story is taxes. this is what it tells us we know now that the price that online retailers get is probably going to go away because that differential is really about tax. they will now be on par with the brick and mortar retailers and they won't have that edge they've had. we'll probably see less showrooming where people go to a store, they look around and pull out their mobile phone and buy the item online. we're going to see a lot more bureaucracy, states find municipalities making it so hard, so complicated, they're going to be dealing with a very tangled tax web. >> the potential tax revenue, though, for manile of these states that they would lose is huge. >> that's why these states are saying i want amazon to collect taxes coming into products coming into our state. we need the revenue. >> especially after the financial crisis. >>
CNN
Dec 3, 2013 3:00am PST
. >> it truly is. >> which is why taxes become an issue. we'll talk about that later in the show. indra petersons loves taxes. >> shopping to taxes, you just took me from here to there. >> she used to work with the irs before getting into weather. >> i'm not listening. just painful right now. let's talk about what's going on in the southeast. still talking about a wave of energy, cloudy, light showers. not a big deal into the southeast. temperatures look at this, they're amazing. we're still talking about temperatures into the 70s through atlanta, especially by tomorrow in through boston, temperatures right where they should, maybe a hint above normal. all of this is going to be changing thanks to a system out west. talk about snow. yes, we're talking about anywhere from wisconsin back through colorado. look at all these winter weather advisories. we know there is a change in store for us out on the east. of course as the system finally makes its way east. for today, 1 to 2 feet of snow, extending farther in through colorado and minnesota. we'll be looking at that as well. you can see t
Al Jazeera America
Dec 2, 2013 10:00pm EST
the state to collect sales tax on outer state companies. are higher bills ahead and are the justices a group of grinches. what do black friday and cyber monday say about the state of the economy. let's nask "fortune" magazine claire zillman about this. what does this mean for online shopping. will it make it expensive in the future? >> it's evolving. the supreme court decided not to take up this decision. it backs on to a 1992 supreme court which is out of date, dealing with a catalogue merchant. the most notable decision is a 2008 law by new york state alog the state to collect sales taxes through online retailers even if they didn't have a physical presence in that state, in new york. >> there could be federal law passed. the senate and the house are looking at a lou deciding whether companies could be taxed. >> in not taking up the issue, it sort of looks like the supreme court deferred to congress, and the senate this past spring passed a bill in line with the new york law allowing states to collect through retailers without a physical presence. >> that will be a big hit for consumers. i
Bloomberg
Dec 8, 2013 6:00pm EST
will it be coming? quantitive easing. structural forms. is a consumption tax. it has been given. >> very big right now in terms of what these reforms are going to be. >> that is the question. you can see abenomics continue in rallying the troops. not everybody thinks the momentum is continuing. >> they used to advise. george soros and here he is. may be the fiscal conditions become sound. our life will be terrible. there is no exit. that is borrowing words again. he wants to end deflation. it is extreme. we were told deflation. >> how viable is that? anit is going to have to see extension. if you talk about the wages, it is probably the most important component they need to get on board. it is going to be really hard convincing the rest of the corporations that they should consider the projections. there's a economics theory of what inflation will produce. deflation is ending. biggest rise in winter bonuses. that is a big boost. these will start flowing to japanese consumers who absolutely are dependent. >> they're trying to wire this before the tax comes in. >> the fourth quarter is always usuall
CBS
Dec 3, 2013 4:00am PST
for tax-free web shopping. and why you want to check your lottery tickets. wendy gillette has more. >> good morning, anne-marie. the cost of online shopping may be headed up as more states could start collecting sales taxes on internet purchases. this after the supreme court refused to get involved in state efforts to force online retailers to collect sales taxes from their customers. the case involved a lower court ruling in new york. it ruled that websites like amazon and overstock must pay sales tax the same way in-state businesses do. the supreme court decision came on what appears to be the busiest online shopping day of the year, cyber monday. early indications are that online sales yesterday were up 17.5% from last year. mobile devices accounted for nearly a third of all online shopping. >>> stocks in asia finished mostly lower amid key reports in the u.s. hong kong's hang seng's lost 0.5%. tokyo's nikkei gained 0.5% to its highest close in six years thanks to a weekend yen. the dow jones lost 77 points yesterday. the nasdaq composite finished the day down 13 points. >>> and
Bloomberg
Dec 8, 2013 8:00pm EST
of startup businesses. regarding the effective corporate tax rates starting next fiscal year, we have decided to reduce by 2.4%. we will be moving forward with reviews and studies as to how corporate tax should be in order for cap -- japanese companies to stay competitive. there is no end to abenomics. the cabinet will approve the related policies on the growth strategy. we will announce the timing of their execution and administer these policies. >> there is a growing number of criticisms saying that abenomics is running out of steam after .oday by state a showed growth james, why was growth revised down? what is the readthrough for this when it comes to the prime minister's policies? growth was much slower than we expected. it was 1.1% annualized which is lower than the estimate and much lower than the 3.6% we saw last quarter. the two main factors here causing the slowdown were business investment which has stalled and companies drawing down inventories. are going to pick up this quarter and in the next quarter, going until april when the sales tax rises because people are going to be out
CSPAN
Dec 7, 2013 4:00am EST
, cut taxes, and brought about fiscal disciplines to state's budgets. in the u.s. senate, he was a leading voice, advocating for fiscal restraint, on government spending. he also worked in a bipartisan manner, something missing right now, to seek consensus on several key issues, including financial services reform and health care. our plenary session will begin with remarks from senator huntsman and senator bayh to be followed by what i'm sure will be a great conversation facilitated by ntsl vice president senator curt scramble from utah, the senator pro tem. however, before we go to the comments, we'd like to share comments on you, the co-chairman that has no labels and governor huntsman. >> this is senator joe manchen, it's my leasure to send greetings to all of you. i regret i cannot join you in person. i send my best wishes for an enjoyable and productive meeting. the strength of legislators rest in your bipartisan efforts and your commitment to serve democrats, republicans, and dependents. it's something that we recognize that we need to work together and put the america
CNN
Dec 3, 2013 2:00am PST
that affect all online shoppers. sales taxes and why you should be paying it. states lose $2 billion a year from uncollected tax from web users. the supreme court decided yesterday not to get involved in appeals from amazon.com and overstock.com. the court let ruling from internet retailers to collect sales taxes even if they have no physical presence in the state. do you follow me? the issue effectively ends tax-free online shopping for lots of people. brick and mortar people say they are at a disadvantage when they have to collect taxes and online do not. it's different from state-to-state and it's just been a real mess there but supreme court is not going to weigh in on this. i want to give you a quick peek at the markets. dow and the major markets all fell after the black friday results showed that consumers spent less than last year. gold stock fell as well. concerns about the fed withdrawing -- using a big pull-back in gold this year. the ten-year treasury climbed again. it means higher mortgage rates likely and higher rates for car loans and the like. krispy kreme had a very bad day.
Bloomberg
Dec 6, 2013 2:00pm EST
stumbling blocks? issue is if you don't use taxes and you don't dos with entitlements, how replace those sequester cuts? lots of ideas on the table, but each has its own issues, critics. some of the ideas, for example, aviation security fee for passengers every time they get plane. airlines don't like that. passengers don't either. some lawmakers call it a tax. aftere trying to go federal, woulders, make them contribute more to their retirement plans. withdoesn't sit well democrats. democrats also hoping to extend emergency unemployment benefits. more time they want that part of the mix. republicans don't like that idea. they think the emergency benefits should be canceled at this it point. john boehner hasn't closed the door completely on the issue, but it's one of the stumbling blocks. and after the report, deirdre, sell.ld be a tougher >> what if there's no deal? what's plan b? both sides are saying we want to avoid anything we can to not have a government shutdown. john boehner has said that there would be at a minimum, by the lawmakers leave for the holidays on friday, at least a te
CSPAN
Dec 9, 2013 10:30am EST
.looking at tax they are also not looking at significant cuts to medicare, security,or social which are areas republicans say needs to be done. instead we are looking at pretty small things and haggling over whether to have federal employees attribute more to their retirement -- employees contribute more to their retirement plans. thingse also looking at -- a spectrum that is going to be sold to telephone companies. they are looking at a small budget deal that would replace some of the sequester, the automatic spending cuts that were launched in 2011 as part of a but -- part of a different budget process. like can't there right now? why can't there be a grand bargain right now? caller: because republicans and democrats can't agree. all ryan, the chairman of the budget committee, and patty murray decided they were not going to go after the towels of the other party and just try to get something that was possible -- after all these failed budget agreements in the past, look we are not even going to go there this time. we are going to go for something much smaller. host: talking with ian swanson
FOX News
Dec 1, 2013 11:00pm PST
for tax credit. he said we should convert employers to tax credits. estimates of that were that there would be 11 million people who would lose health care coverage, the coverage they have, and they'd be dumped on to different kinds of health care plans. so, i have to -- and, you know, john mccain supported a health care plan that had 20 million people lose the coverage they had. so, without better alternatives. so, i think the idea that -- >> i don't -- >> no, no -- >> i know. but i'm just saying, it's a little hypocritical to hear complaints about coverage loss from someone who's authored a plan -- >> all right. thirty seconds to respond about a plan that doesn't exist. go ahead. >> it doesn't, no. but it's your plan. so, criticizing the president for a plan that would have less -- >> ok. we have your point. mr. capretta? >> she's wrong. my -- >> i'm not. >> yes, the plan i drafted, which i would love to have congress and other people consider, would not actually affect the vast majority of people in employer based coverage because it wouldn't change the exclusion
PBS
Dec 9, 2013 2:00am PST
times didn't make a mean cocktail come back in nineteen ninety so the idea was to throw away the tax bucks home to see amy's all of the year on more technical nights i don't like a man and actually physically go out with their feet with their angst. is it absurd and violence that we're pretty much familiar with but haven't been eating being paying much attention to it so that the taxes we could steal people young professionals and the gentle pop and even with our liking of background to co opt the ban on cd in the sec night. this is you know certainly sounds very exciting but how does the in taiwan and reacted to such a program in her own. we picked three different don like the detectives events in taipei. once we brought them to wash and went on into the creative part. people usually go there to attend activities in second time above and to see and hear him one of them. most antique places you'll go shopping and go see a movie and then the sky when we bought them to the old part of taipei the west side of taipei where we had beautiful architectural building so we send them out in t
FOX News
Dec 7, 2013 3:00am PST
the globetrotter's theme song ] >>> and tax your christmas tree. we're not kidding all r. all the appalls details. stay tuned. >>> and the family of a fallen veteran shocked to see his picture pop up on dating websites. how does that happen and can they fight back? our legal team is next. >>> welc. some quick headlines. a man trying to transport a 50-ton war machine loses control, not once, but twice. oregon state police say the vintage tank somehow slipped out of gear and rolled down a hill. don't you hate when that happens? when the driver tried to tow that machine it started rolling again. he was cited for reckless driving and criminal mischief. >>> google mail, known as gmail, letting you unsend messages but you have to be fast. theail feature you activate in the settings menu gives users a 30 second window to stop that message from sending. every time you send a message it pops up with a box with the message to undo. hanna? >> thank you. the family of this fallen soldier is furious. why? because somebody took staff sergeant matthew pachino's pictures off his memorial website and used them to
Bloomberg
Dec 8, 2013 10:00pm EST
or sub headline of this third quarter revised gdp from japan is also the anticipation of the sales tax increase. ahab these companies falling back on inventories in anticipation that people will pare back buying after that increase. it lacks you hit it right on the head. on one hand, they gave. with the other hand, they take away. they lay on the sales tax. that squelches consumption. what they need to do is become with theironsistent taxation policy and realtor reform instructional reforms in general. >> they are almost passing the buck on to japanese consumers. >> that has always been the issue. we hope that the consumer sort it out. i think they are on the right track. if the consumer is behind the policy is behind the government, you really want to get japan right. you do have some political will and national sense of purpose. it is a question of whether they will stop making the wrong decision. >> we have talked about japan, but there's a lot more to talk about come including china, thailand, and all the rest. stick around. we will talk about that. the, investors welcoming latest
Bloomberg
Dec 9, 2013 4:00am EST
to swiss banks. francine come over to you. >> the u.s. is clamping down on offshore tax evasion. asked buts are being on regulars to participate in a program with american authorities. manus cranny's here at the latest on the story. is this the end of swiss banking secrecy as we know it? >> definitely a turning point. the french and the u.k. all depended on the whistleblower case. with the u.s. goes up in legal battering ram you can be pretty sure the rest will follow. wars on the cards as a department of justice saying listen, you can have a waiver, you can have an exemption, you have to sign up. the regulator and switzerland is saying get on board, get over yourselves. there are 300 banks enough to make the decision with the to join in on a voluntary program with the disclose information or indeed run the risk of quite significant fines and prosecution. >> that is a concern. if you don't sign up now voluntarily, further down the line they could have huge fines. be excluded from doing business in the usa. that is a critical part of the story. >> thank you, manus cranny. brazil's regulators
Al Jazeera America
Dec 3, 2013 6:00am EST
and find out why you may have to pay sales tax for everything you buy online and the fight over food and they are considering cutting subsidies to some of the world's poorest people. ♪ ♪ good morning and welcome back to al jazeera america and i'm thomas and coming up, in a moment the verdict in the terrifying attack on the director of a dance company of the russian ballet and let's see what temperatures we will see across the nation and here is metrologist nicole mitchell. >> i should apologize for it and don't shoot the messenger and it will be brutal in the north and billings and we pointed this out yesterday morning and i was saying it's 40, enjoy it while you have it, it has done nothing but go down since and during the day yesterday and now at 14. the temperatures will continue to go down today, not up, during the heat of the day so to speak so we will have single digits by later this afternoon. so this is what is happening, with the front coming in it's going to just keep funneling the cold air in so some of the temperatures that will be single digit today will be negative
PBS
Dec 6, 2013 7:00am PST
as sunnis my new country produce fourth over one trillion in gear and the income tax payments were estimated three hundred and ninety nine thousand nine hundred and sixty nine beginning to get in addition to see these now witnessing the fermentation of the number of projects with the participation of international financial institutions so why not be in hd on top. we are great because often. i haven't posted pics the first part is that the phone speaking at the station was getting too full i could implement certain degree forms of cricket nation in total click on spectral stopped us until our austin and opted to pull on it to you to the tea cup a tea towel when he was known seems the beginning of the skiers to my new faction in the industry has become one of the most attractive sectors of the company for investors. referring to cause next intense chase scene chemical bill is and has announced that the cross inflows of foreign direct investment in the sector in the first half of twenty thirteen c to one point six billion us dollars which is five point two percent more compared with the same p
CNBC
Dec 9, 2013 4:00am EST
up their manufacturing process to meet a boost ahead of the sales tax hike next april. however, other figures out today weren't encouraging either. japan's current cut showed a surprise $1.2 billion deficit for the month of october. they were up 18% on strong car sales in china and north america. a sharp increase on fuel imports wiped it out. >> thank you. have a good evening. >>> reminder on what's on the agenda in asia, the constitution day holiday. china's november data continues to trickle through with industrial output and fixed asset investment figures. plus, november sales for the big tech firms are also due out. >>> and you heard makika talking about the numbers. ami, thank you for joining us. do you dismiss this downward revision of gdp on the basis that it was a rise in inventories or slower rise in inventories? >> yeah. it seems the hard thing to do was that. there's also some talks about corporate capex not being as vibrant as some people were hoping for. if you look at the bigger picture, the yen's been weakening over the last year. seeing the impact of the yen in the nex
MSNBC
Dec 3, 2013 3:00am PST
we are not spending enough money on education. let's raise taxes and spend more money on education. we spend more money per student than any other country in the world. and yet we're falling further and further behind. your wife also very involved in education reform. i mean it seems so many people have taken a real interest in this over the past decade. and the numbers keep slipping. >> they keep slipping. i'll quote my wife on this. her view is having worked in charter schools and curriculum reform is that there's no silver bullet. what might work in tennessee might not work in arizona, might not work in new york. >> one size fits all does not work. >> there's not a kind of, i don't want to sound like a states rights guy but there's not a national answer to this. it is, in fact, a national security issue. it's about imperial decline. >> mike, a very interesting thing about this study, poland one of the great success stories. one of the things they did was they focused more on who went to traditional colleges and who was moved over to vo tech areas. that is one area we have to rea
Al Jazeera America
Dec 3, 2013 5:00am EST
taxing and they won an election two years ago and still hold a majority in parliament. the police meanwhile say they are in control of the situation despite standing down early on tuesday. >> the demonstration of peace an order we will inform that in order to reduce the tension and protest and the police, the center for peace an order has opened barriers to let protesters come in the area of the government house. we are in the process of asian with police and police maintain peace an order and forces for military do safeguard the area and ready to enforce police operations. >> reporter: that is al jazeera and let's join scott at the main protest camp in bangkok and we saw extraordinary scenes earlier outside the prime minister's office and tell us about the situation on the streets and at the protest camp there where you are. >> on the streets we were right by the headquarters for the metropolitan police in bangkok and has seen some of the worst protests and law enforcement classes over the last couple of days and we were there when they pulled down the bash wire together and pro
CNBC
Dec 4, 2013 4:00am EST
at the moment. >> david cameron announcing today that he's not going to cut taxes for the middle classes. how much room, wiggle room is there going to be for the government, peter? much depends on what you think the economy is going to do this year and next ahead of the election. >> yeah. i think the likelihood is that the economy will continue to grow at a 2% to 2.5% late next year. that's decent, but it's not stellar. given all they have said about reducing the deficit over the next few years, it leaves room for cutting taxes. i think what the uk needs is a rebalancing towards investment and exports. the government realizes this and i think as a consequence it's unlikely to do things to throw additional fuel on the fire of consumption. >> do you think the government is doing enough? are you expecting any measures, say, on planning tomorrow from the troika? would that have helped? we had construction pmis this week very strong, rising like a phoenix out of the ashes. but many suppliers saying the supply side of that market is still very, very underperforming. >> yeah. i mean, when it comes t
CNBC
Dec 5, 2013 9:00am EST
and your tax rates, they're paying a very low tax rate. >> i know. i covered that as a reporter for the l.a. examiner when i wasn't covering homicide. and i said, boy, the rich people get richer and richer. at that point, i was very involved in the unions. it was an early precursors to what happened. i led a wildcat strike once in my life. >> did you really? >> yes. i did. we got completely annihilated. >> you've done so many things. >> i was one of these protesters. you have to boycott jp stevens? i was wearing jp stevens clothes. everything i did was -- >> one man at a time. >> it was such a disaster. every time i got involved with unions, it was bad. you didn't want me in your union. >> let's get to pisani and see what's moving dow down 25. >> modest declines, moving 279% on that better than expected gdp report. electronic stocks, housing stocks getting hit more than the rest of the markets. gold getting crushed again today. mentioned the gold miners, five-year lows that we've seen recently. i want to take up your question this morning, jim. because i think that's the right question on
MSNBC
Dec 3, 2013 6:00am PST
that applying for health insurance now is more like doing your income tax than going to the doctor. >> okay. >> what you need to gather is a lot of financial information. your last year's tax return. if you didn't have one, information about payroll, pay stubs, et cetera. >> and gather all this information before you go to healthcare.gov. >> yes. because you're going to need it to complete the application. the other wonderful piece of news that came out yesterday that no one seemed to notice is that for the very first time healthcare.gov has a shopping function, a browsing function. something it should have had from day one but it's now there and working. when you go on the home page, there's a little -- >> the little -- >> the little medallion on left, click on that, and you can enter some very simple information about yourself and see all of the plans available to you. >> without putting financial data, stuff in you may not want to. >> no financial data. it won't calculate whether or not you have a subsidy coming to you, but it will show you the plans available to you in your area with th
CNBC
Dec 3, 2013 3:00pm EST
think what will happen when you get to year end, a lot of muni funds will be pressured more, tax law selling -- >> lots. >> you'll do okay buying these funds at a discount. >> we won't necessarily see that pressure from the broader market, certainly. people maybe the last couple of years, any harvest, time is running out. >> there's still lots of things to harvest this year. lots of munis you can swap out of. munis are out. those are good places to swap into a different fund if you need to. take the loss, put it in your pocket if you don't need it and carry it forward. tax law accounting is huge in investing. >> we've been out of the muni market for the past 14 to 15 months when munis started getting back over 5% we've been a buyer. we've been aggressively buying municipal bonds. >> rob morgan any opinion on that before we go, quickly? >> absolutely. i think having a portfolio for individual investor tilted more toward short end and rising rate environment makes sense. i think detroit bankruptcy spells trouble more for retirees on pension plans more for than m
MSNBC
Dec 9, 2013 2:00am PST
. it wouldn't close corporate tax loopholes. it wouldn't fully replace sequester cuts. in essence it appears it would just avoid another debt crisis on capitol hill. >>> a rare trip to pakistan for chuck hagel. it is the first trip there for a pentagon chief in three years. his meetings with pakistan's prime minister over tensions with drone strikes and hopes to repair the relationship. he made a surprise visit to troops over the weekend and told them a possible budget deal could restore money to the military but notably he did not meet with president hamid karzai who ruffled feathers by refusing to sign a security deal. >>> a pod of wayward whales has risen. officials found 11 dead pilot whales in the florida keys sunday afternoon bringing the number of recovered character casts carcasses to 52. officials do not know the status of the remaining whales. >>> okay, a bizarre plane incident left one passenger with quite the surprise. tom wagner was on united flight from louisiana to california when he awoke to find the flight empty and the plane locked. >> i looked up at the ceiling and i saw t
CSPAN
Dec 2, 2013 2:00pm EST
will push a lot of this is that we're very dependent on property taxes in connecticut to support education. so beyond the education cost sharing dollars that the state distributes, everything else is basically tried to local property taxes. well, those base aren't growing anymore. so seem are actually being force -- so people are actually being forced to find ways to save money and to work together. and i think the folks that will lead this discussion are actually in the communities right now looking at how do you continue to support education when you're ground list isn't growing? it's going to drive some innovation. >> and as far as funding for education in connecticut, over say the next five years, does it look like it's going to be flat? it's going to be down? is it going to be up? >> i think that it's a little early to tell. you know, this has been the slowest recovery from a recession in the post-world war ii era. and i'm visiting you here in washington, but the folks in washington seem to put the brakes on the economy every six months or so, right? or even more often than that. so,
Bloomberg
Dec 5, 2013 6:00am EST
they be regulated and taxed like a regular taxi commission? number was from leaked documents so it is not confirmed, but it is also a top line revenue number. you have to figure out what their cut is and how it slows down. the $20 million a week is hard to gauge. but the company is clearly making a lot of money and has done extraordinary things. ou and view this as peer to peer sharing, but i also view it ke lifestyle.i a whole generation of people are leaving college and coming into the job market and they are viewing their world and they are saying, hey, i don't actually need to own the assets my parents owned. i don't necessarily need to own an apartment. i can rent. i know people are moving from place to lace. -- place to place. same thing with uber. and same thing with bitcoin. the economy is being restructured and at this point it is hard to discern exactly what the role of government should be. government risk of overreaching -- look, i was on the stand against iker soft in the antitrust case and it is one of the things in my career that i regret because i think it was an attempt to overreac
CNBC
Dec 5, 2013 3:00pm EST
years instead of 10. dynamic versus status growing. different outcomes and tax policies. >> it seems, though, we've hit a wall here when it comes to fiscal policy in this country. one side says we're spending way too much. and they seem to have a point. the other side says, we need a better, more simplified tax policy. and they have a good point as well. what can you guys bring to the table that will help clarify things to end some of the gridlock that exists so badly in washington right now? >> this is a good question. the first thing you need to make a good decision is good analytics and good commentary. information to make a good decision. we hope to be able to bring really good information that's nonpartisan, reliable and authoritative to the process. that's point one. the other thing i would say is that from my perspective today, in terms of where we are with fiscal policy, both our long-term policy, which is undisciplined and has excessive spending going out forever, and our short-term policy which is tightening, are both wrong. in fact, what you want to do is precisely opposit
CNBC
Dec 9, 2013 3:00pm EST
had nearly two percentage points of tightening. two percentage points of gdp and, you know, tax hikes and spending cuts last year. previous two years was local. this year less than half a percent. >> we make it smaller spending cuts. last is household wealth. increased again in the third quarter by almost $2 trillion. at the depths of the recession, it was neutral. now they're both going up double digit. that's going to add well over a percentage point to consumer spending. this is the time when growth should pick up. as you said this is also an important time for a couple of reasons because the hope is that cycle starts the broader, more sustainable, more widespread move that helps people get off jobless benefits as they run out. all of these extreme mers prosecute expiring so this has to be the year we see that pick up. food stamps and all of it. >> right. other things have been expiring before like the big fiscal stimulus package. a lot of that has come off already. it may not be great for investors. if you think about this past year, what happened? we
Al Jazeera America
Dec 2, 2013 8:00pm EST
the information, how much they're going to pay, tax credits they may be eligible for, but the insurance companies are not getting the correct information. here is white house spokesman jay carney. >> we have instituted a number of fixes to the so-called 834 forms, that's the vehicle by which information is transmitted to the issuers. and we believe that the majority of fixes to 834 forms have been made including significant ones made over the weekend. we expect the info to be vastly improved. we'll continue to work with issuers to make sure whatever remaining problems exist are addressed and fixed. >> and given all of those problems that still exist, still yet to be fixed the administration officials still say between now and comparing it to october 1st two months ago is night and day. >> mike viqueira at the white house, thank you. >>> young people are crucial if the affordable care program is to work by purchasing coverage younger people will help offset costs of older people who rely on healthcare services. 37% of those questioned say they're unfamiliar with the affordable care act. that's mor
Al Jazeera America
Dec 5, 2013 6:00am EST
negotiations over a salary increase broke down. in argentine the government collects taxes and distributes to the opposition. it is collected by of the opposition, cristina fernandez de kirchner is accused of tolding the funds back. >> the arrival of argentine president cristina fernandez de kirchner had complained that her government denied appeals for reinforcements. and accused cristina fernandez de kirchner of shortchanging provinces. >> translation: there exists autonomy. public security is one of these. the matter has to do with salaries. >> the governor claimed the police walked off the jobs in retaliation for his decision to shut down more than 100 brothels paying off corrupt officers. the police began returning to work after they were offered salary increases and bonuses making then the best paid in the country. >> i want to tell the people that from this moment the police force returns to the service of the people of kordova. >> the governor vowed to travel to the capital to depend they stop playing politics with his money. >> the provincial grandfather ner blamed the violence. a
FOX Business
Dec 5, 2013 3:00pm EST
. that makes me wonder. not only considerably more expensive due to taxes and other issues. pushing $10 a gallon. how do you get people to drop money and how much is the price? >> great value in very affordable. your question is important. it is the same strategy that ford implemented in the united states during the worst of times it is it wanted to make sure that we invested in the product and had it available. so we are going to introduce over 25 new vehicles in europe over the next couple of years led by the mustang itself as well as contribute to the economic recovery. liz: let's go inside. we are on 48 street and sixth avenue. want you to get in the driver's seat. that is where he belongs. this is it. tell us about some of the newer features. cozy. >> this is the new mustang. and the inside is all around in aviation team. you can see the beautiful analog devices, the toggle switch is the set your right in your comfort level. everything is made to be absolutely hands on the wheel, eyes on the road. brushed aluminum, new material. but the neatest thing about this is it is all about y
MSNBC
Dec 3, 2013 1:00pm PST
on arrival, whether it was immigration or fairness in internet sales tax. all of these measures coming over from the senate are literally wilting here, because the committee system on the house side is unwilling to take these measures up. so i think he is looking through a different lens. >> well, your colleagues on the other side of the aisle actually do have an idea that they want to put forward. and it would ease sequestration, a couple measure of the republican house caucus would like to ease sequestration by cutting social security. is that the kind of seriousness that americans are looking for out of congress, or in a way, should americans be kind of glad they're not getting a lot done because that's the kind of thing they want to do? >> well, good point. but that is -- in my view, dead on arrival, both among democrats and in the senate. to somehow say we want to ease sequestration so we can line the pockets of defense contractors and by the way we're going to do it on the backs of senior citizens in this country, is just an anathema, to me and most people in this country, generally,
PBS
Dec 3, 2013 3:00pm PST
is you are going to be able to a take the tax revenue that comes into the city of detroit and put it back into the services like police, the police department like the fire department and making sure the fire rigs are working when they are called out to a fire and picking up trash and making sure the lighting grid is up and running and working streetlights in the neighborhoods in the city of detroit, so what that is going to do, when you bring down the debt and you bring it, you erase it and you start with that clean slate you will be able to infuse money back into the city of detroit, back into the services and really make detroit a better place to live and that is the bottom line in in story. >> a big day, in the life of your city, detroit. christy mcdonald, we thank you very much. >> thanks, judy. >> >> woodruff: again, the other major developments of the day. president obama touted the benefits of the affordable care act in a bid to shift the focus from problems with healthcare.gov and policy cancellations. vice president biden arrived in japan and rebuked china for imposing an air de
CNBC
Dec 9, 2013 6:00pm EST
cap plus the debt minus the cash divided by the earnings before interest, taxes, depreciation, amortization of 9.8. credit sweiuisse. the stock still has plenty of room to run. if that's how you want to value it. meantime, trading at 19 times next year's earnings, which is well below the five and ten-year averages and not too pricey considering it should be able to grow earnings at a 40% clip. the bears at goldman think it's time to sell masco and swap with nonresidential construction plays as the space starts to turn. i think they're wrong. i think they're wrong to write off masco and i agree with the bulls and believing this stock could have more room to run. i say stick with masco and stick with cramer. lou in oregon, lou? >> caller: boo-yah, skedaddy. >> i'm not booing, i'm louing. >> caller: hey, about six months ago you, recommended and i bought two stocks, american realty capital properties and also health care reit. i'm wondering, should i by more? >> i would. look, these are all about -- this group has been killed because of rates going higher. and when we get the ten
CNBC
Dec 9, 2013 9:00am EST
with over the long-run. it wouldn't close any tax loopholes. those things have proven too partisan for these budget negotiators to tackle. yesterday, in the nfl, the kicker for the denver broncos made a 64-yard field goal. record for the nfl. this is more like a 6-yard field goal. they haven't kicked it yet. i do think they will before congress goes home. it is a minimum achievement for people to cheer about. >> john, it is interesting when you talk about some of the little sticking points here. one is the benefits for the long-term unemployed. that is making up a record percentage of the people in this country who are unemployed. do you get the sense that congress is looking at the jobs report and saying, hey, maybe we shouldn't move the needle on that right now? >> i think that is difficult in part, because when you look at the size of this deal, we are only talking about $90 billion over two years of lifting the sequester caps and replacing them. it is more of a reshuffle. the unemployment extension would cost $25 billion. that is a very large chunk of change to add on to that p
CSPAN
Dec 8, 2013 7:00am EST
. on unemployment insurance still have to pay federal income tax. because of sequestration, the and employment i -- the unemployment insurance got reduced. i am making less money. we still have to pay federal income tax on that. they say these people will stay on unemployment and not look for work. unemployment does not pay that much. it is not like you are collecting $1000 a week. it is only like $371 a week with sequestration. it is a good thing my wife works full time. for long-term unemployment, it is not much. unemployment does not last long. i would like your guest to comment on that. guest: there is no doubt unemployment does not replace the income of the job. i think it does speak to the fact that american families are having to readjust their lifestyle and get by with less. when they do take a job, taking $20 an hourom a job. hopefully unemployment gives them time to find the best job for their families. ideologically on the other side, some people say there would be a sense of urgency when benefits run out. host: let me go through the breakdown of the numbers based on gender and race.
CNBC
Dec 3, 2013 4:00am EST
's refused food since the start of the protests. >>> there's a new tax by thailand's government to diffusion tensions in bangkok. allowing protesters inside, tear gas and rubber bullets have given away to calmer demonstrations. the protest leader says the fight will continue. meanwhile, consumer confidence has been hit dropping to a two-year low because of the unrest. the national transportation safety board says the new york commuter train that derails sunday was traveling at 82 miles per hour when it entered a curve where the speed limit was just 30 miles per hour. four people were killed and more than 60 injured. the ntsb says the train's brakes were working properly but were applied just seconds before the crash. >>> and pointing and clicking is becoming the preferred way to shop. adobe says u.s. cyber monday sales topped $2 billion for the first time, up 16% to 2.9 billion. adobe tracks visits to 2,000 websites. a record 18% came from mobile devices. other trackers report even higher numbers. ibm dish analytics, sales rose and amazon sales were up 44% as of 6:00 p.m. eastern and ebay's
Al Jazeera America
Dec 2, 2013 6:00am EST
to get people signed up. >> that's when they might face the tax penalty. california is seeing early success. can that be replicated? >> we are seeing variation amongment states. there are 36 states that rely on the federal gough for healthcare.gov. all of these states doing their own exchanges, and some states have been very smart reaching out to young people, trying different techniques. that is starting to pay dividends. i think we're going to watch closely to see which states are winners and which are losers as this rolls out. hopefully, we can do everything we can to make sure that young people in all the states see the benefits. >> thank you. >> thanks for having me. >> despite deep discounts and longer store hours, holiday sales slumped, the decline the first since 2009. spending in stores and on line fell from last year. purchases in stores fell by 9%. about 141 million americans shopped in-stores or on line in the four day span. spending on line today is expected to smash records, though. that's even though many americans will be on the job. it's cyber monday, of course. a s
Al Jazeera America
Dec 4, 2013 6:00am EST
in the sector. >> you would be wrong. look at the second big number. $900 million. that's the amount of tax dollars spent supplementing the wages of bank bank tellers. a third of bank-tellers had to rely on assistance. >> last year tellers had a median salary of $24,100. that's about $11.39 an hour. >> welcome back to al jazeera america. >>> the obama administration is looking to undo the damage to the affordable care act's image done by the problems, of course, with the problem plagued website. in a moment we'll look at what the president needs to do during his campaign to accomplish that. >> first let's look at the temperatures across the nation. metrologist nicole mitchell is here. >> we have a contrast once we get to the southern plains today - going to the 20s or 30s. houston is at 71. this is where it's really gotten brutal. single-digit temperatures. adding in the wind. feels like 30 below. this is going to be a spreading sign over the weekend. the wind chills that are really brutal out there. the cold air will settle and over the next couple of days the warmer spots in the south - i
CSPAN
Dec 2, 2013 10:00am EST
the taxing trek on the united states. he is tweeting rosh hashanah, greetings to the jewish people. his foreign minister is extremist sophisticated and charming. they are putting forward proposals that are clearly constructed and flexible. they are serious about diplomacy. in the last rounds of negotiation, about the day was spent on just deciding when and where will the next meeting be. the iranians made suggestions such as kabul, because clearly kabul is a safe place to negotiate. [laughter] and they were playing games like this about everything. everything was a negotiation. now it takes about five minutes to decide this. the venue is already sent. it will always be geneva. the only thing is that they combine their schedule. so now there is no excuse. the iranians are really trying, that is the impression on the international scene. that has translated into a lot of countries who have agreed to these sanctions and have agreed to them very grudgingly because ultimately they don't like to be in the bad economic situation, and on top of that imposed sanctions which causes them to lose e
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